China has updated its Gas Utilisation Policy for the first time in more than a decade
China gas policy focuses on energy security
The revised Gas Utilisation Policy refines Beijing’s policies for a market that has doubled in size since 2012
China has updated its Gas Utilisation Policy for the first time in more than a decade to shape development of a domestic gas market that has doubled in size since the document was last released, with a new emphasis on ensuring energy security while refining pro-gas policies. China should promote the use of gas “in an orderly manner”, which will require more efficient utilisation and economical use while safeguarding energy security, the National Energy Administration said in the policy document, which will be in the consultation phase until the end of October. The Chinese gas market should adhere to the principle of “living within one’s means” and pursue orderly development based on resource
Also in this section
21 February 2025
While large-scale planned LNG schemes in sub-Saharan Africa have faced fresh problems, FLNG projects are stepping into that space
20 February 2025
Greater social mobility means increased global demand for refined fuels and petrochemical products, with Asia leading the way in the expansion of refining capacity
19 February 2025
The EU would do well to ease its gas storage requirements to avoid heavy purchase costs this summer, with the targets having created market distortion while giving sellers a significant advantage over buyers
18 February 2025
Deliveries to China decline by around 1m b/d from move to curb crude exports to Shandong port, putting Iran under further economic pressure
